Earlier this month, Dewan Housing Finance Corporation Ltd (DHFL) had received four bids for either picking up stake in the company or buying out assets

E-commerce festive push for small businesses as Amazon, Flipkart focus on Bharat; 'Return to normalcy' as EPFO adds 10.06 lakh net subscribers in August; UBS gives extra week's pay to lower-ranking employees amid COVID-19 pandemic. Watch this and more news on News Blast.

COVID-19 impact: Private hospitals' operating profit to decline 35-40% in FY21Private hospitals in India are in a tight spot. A triple whammy of postponement in elective surgeries, revenue loss from highly profitable medical tourism segment, and increasing costs will lead to 35-40 per cent drop in operating profits of private hospitals this fiscal, reveals a CRISIL report. The rating agency has also downgraded credit outlook of private hospitals to moderately negative amidst cash flow challe...

After a shaky first quarter, the negative impact of the pandemic is now dissipating as EPFO subscriber base increased by around 20 lakh during the first five months of the current fiscal

In November last year, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings

Unlike other schemes, you are not allowed to withdraw the entire amount accumulated in your NPS account on your retirement

The decision to divide the 8.5 per cent interest in two instalments was taken due to market volatility that affected the EPFO's income from equity investments

Part II of this two-part article looks at more data on the growth of temporary or informal workers in India and how it poses a serious threat not just to the wellbeing of millions of its workers but to the growth prospects of the economy in the long run

The allotment for the shares is expected to be known by October 7/ October 8. Those who had bid for the issue can check the subscription status on the online portal of KFin Technologies, the registrar to the issue

Employment rate scaled up to its highest level since lockdown to almost 38 per cent from 37.5 per cent in August. \"These are big and welcome gains,\" says CMIE CEO Mahesh Vyas

Finance Ministry said that the government is open to all possibilities to minimise COVID-19's impact and the Finance Minister is not averse to taking any further measures to ease people's suffering

Era Infra sees no immediate closure even after three years, as litigation and procedural delays slow down the insolvency process

The objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges. Being an OFS, the net proceeds from the share sale of UTI AMC will go to existing shareholders SBI, LIC, BoB

Kotak Mahindra Capital Company, Axis Capital, Citigroup Global Markets India, DSP Merrill Lynch, ICICI Securities, JM Financial and SBI Capital Markets are the book running lead managers to the offer

Employee provident fund (EPF) is one of the most dependable channels for retirement investment for majority of salaried people. However, recently the reports claimed that the EPFO will credit interest rate on your EPF investments in two tranches (8.15 per cent now, and 0.35 per cent by December 31). The confirmation is awaited. This video explains why the delay.

Introducing the bills, Labour Minister Santosh Gangwar stressed that the objective of labour reforms is to have labour laws in line with the changing world of workplace and provide an effective and transparent system, balancing the needs of workers and industries

Soon after the spread of coronavirus, FM Sitharaman, in a relief to the employees and employers, reduced the mandatory monthly EPF contribution to 10 per cent of the basic salary from 12 per cent for the months of May, June and July

Lenders to once-a-billionaire Anil Ambani's Reliance Capital Limited (RCL) which recently defaulted on its debt repayments to debenture holders have reportedly appointed investment management firms to sell assets of the company

Employees in the age bracket of 22-25 years were the worst hit followed by the age group above 35, 29-35 years and 26-28 years, respectively

Earlier in July, provisional data had showed net new enrolments for the month April at 1 lakh which were revised down to 20,164 in August